Monday, November 7, 2011

Japans Quadrillion Debt

Japan's debt to exceed 1 quadrillion yen: report
7 November 2011
, by Chris Oliver - Hong Kong (MarketWatch)


Japan's national debt is on track to exceed 1 quadrillion yen ($12.8 trillion) by the end of the fiscal year next March, with the debt rising faster than Ministry of Finance forecasts because of spending tied to aid and rebuilding from the devastating earthquake and tsunami earlier this year, according to a report Monday in the Nikkei newspaper.

A quadrillion is equivalent to 1,000 trillion.

A quadrillion pennies.

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